WESTFORD, Mass. --(BUSINESS WIRE)--May 18, 2016-- Kadant Inc. (NYSE:KAI) announced today that its board of directors has authorized the repurchase of up to an additional $20 million of its equity securities effective May 18, 2016 through May 18, 2017 .
WESTFORD, Mass. --(BUSINESS WIRE)--May 18, 2016-- Kadant Inc. (NYSE:KAI) announced that its board of directors has approved a quarterly cash dividend to stockholders of $0.19 per share to be paid on August 11, 2016 to stockholders of record as of the close of business on July 14, 2016 .
WESTFORD, Mass. --(BUSINESS WIRE)--May 2, 2016-- Kadant Inc. (NYSE:KAI) reported its financial results for the first quarter ended April 2, 2016 . First Quarter 2016 Financial Highlights GAAP diluted earnings per share (EPS) was $0.62 in the first quarters of 2016 and 2015.
WESTFORD, Mass. --(BUSINESS WIRE)--Apr. 28, 2016-- Kadant Inc. (NYSE:KAI) announced that it will release its 2016 first quarter results after the market closes on Monday, May 2, 2016 and will hold a webcast the next day, Tuesday, May 3, 2016 at 11 a.m. eastern time .
WESTFORD, Mass. --(BUSINESS WIRE)--Apr. 4, 2016-- Kadant Inc. (NYSE: KAI) announced today that it has acquired all of the outstanding shares of RT Holding GmbH , the parent corporation of a group of companies known as the PAALGROUP (PAAL) for approximately 51 million Euros in cash, or approximately
WESTFORD, Mass. --(BUSINESS WIRE)--Mar. 30, 2016-- Kadant Inc. (NYSE:KAI) announced it received two orders for its wood processing equipment with a combined total of approximately $5 million . The orders included multiple batch feeding systems and strander systems for OSB (oriented strand board)
Raises Quarterly Dividend to $0.19 per Share WESTFORD, Mass. --(BUSINESS WIRE)--Mar. 8, 2016-- Kadant Inc. (NYSE:KAI) announced that its Board of Directors approved a 12% increase to its quarterly cash dividend to stockholders to $0.19 per share to be paid on May 12, 2016 to stockholders of record
Achieves Record Revenue and Adjusted Diluted EPS for Q4 and Record Diluted EPS for FY 2015 Provides Financial Guidance for 2016 WESTFORD, Mass. --(BUSINESS WIRE)--Feb. 24, 2016-- Kadant Inc. (NYSE:KAI) reported its financial results for the fourth quarter and fiscal year ended January 2, 2016 .
WESTFORD, Mass. --(BUSINESS WIRE)--Feb. 18, 2016-- Kadant Inc. (NYSE:KAI) announced that it will release its 2015 fourth quarter and full-year results after the market closes on Wednesday, February 24, 2016 and will hold a webcast the next day, Thursday, February 25, 2016 at 11 a.m. eastern time .
WESTFORD, Mass. --(BUSINESS WIRE)--Jan. 29, 2016-- Kadant Inc. (NYSE:KAI) announced it received orders totaling $7 million from two paper producers in North America for chemical pulping equipment and a recycled fiber processing line. The chemical pulping equipment will be used to recover chemicals